GFM Network News

ICE canola midday: Bids moving down with other oilseeds

By Glen Hallick, MarketsFarm WINNIPEG, August 19 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Monday, due to a negative bias coming out of the United States, said a Winnipeg-based trader. “Chart-wise, we’re in ‘la-la-land’. We’re in a sideways trend,” he commented. The soy complex on the Chicago Board of Trade was mostly […] Read more

ICE canola weaker Monday

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – The ICE Futures canola market was mostly lower on Monday morning, following trends set in overnight trade. Malaysian palm oil, European rapeseed, and the soy complex on the Chicago Board of trade were all lower this morning, which weighed on canola values. A weather premium remains […] Read more

“Risk-off” sentiment underpins ICE canola at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, as traders adjusted positions ahead of the weekend in quiet trade. “We’re getting a little bit of profit-taking and position-squaring ahead of the weekend,” said a Winnipeg-based trader noting that “risk-off” sentiment was behind much of the […] Read more

ICE canola futures: Morning bids pushing upward

By Glen Hallick, MarketsFarm WINNIPEG, August 16 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher Friday morning, as canola has been competitive with oilseeds and could receive spillover from other markets. Bids found strength in solid crush margins, which are at their best levels so far this year. Crop conditions are generally favourable […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – The Canadian dollar was slightly firmer Friday morning, seeing some consolidation ahead of the weekend. At 8:43 CDT Friday morning the Canadian dollar was at US$0.7518 or C$1.3301 which compares with Thursday’s North American close of US$0.7505 or C$1.3325. After dropping in sympathy with crude oil earlier in […] Read more

History: Gleaned from the Pioneer Pages

Reprinted from the November 1951 issue of Canadian Cattlemen

Gleaned from the Pioneer Pages By Grant MacEwan ‘Nor’-West Farmer, Oct. 1883. – “Barbed wire as a prairie fence is rapidly coming into use in Manitoba. It is by far the most sensible fence which can be adopted by our farmers; and the wood (rails) can be used for much more necessary purposes.” Calgary Triune, […] Read more

Canadian Financial Close: Recession fears continue

By MarketsFarm WINNIPEG, August 15 (MarketsFarm) – The Canadian dollar was lower at market close on Thursday, as concerns of a global recession persisted. The loonie finished the day at US$0.7505 or US$1=C$1.3325, which compares with Tuesday’s close of US$0.7513 or C$1.3311. The TSX/S&P Composite Index was down 33.41 points on Thursday, to close at […] Read more